INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Elon Musk’s xAI to release first AI model to ‘select group’

WASHINGTON, US - Elon Musk said his new artificial intelligence company would release a new AI model on Saturday to a...
  • The release would be the first from Musk's new startup, xAI, that he launched in July after hiring several researchers.
  • Musk compared AI to "a magic genie" that gives you any wishes you want, warning that such fairy tales rarely end well.

Israeli strike hits ambulance convoy as Gaza toll rises to 9,227

Gaza health ministry says 9,227 Palestinians, two-thirds of them women and children, have been killed in relentless Israeli bombardment and...
  • US Secretary of State Antony Blinken said he spoke with Israeli Prime Minister Benjamin Netanyahu about having "humanitarian pauses" in Gaza.
  • Hezbollah chief Hassan Nasrallah, who spoke for the first time since the war broke out, said the United States is "entirely responsible" for it.

AFP’s Gaza bureau significantly damaged in Israeli strike

AFP is the only one of the world's three major international news agencies currently operating a live video feed from...
  • "The consequences of such an attack would have been devastating if the AFP team on the ground had not evacuated the city," said AFP CEO Fabrice Fries.
  • "The location of this bureau is known to everyone and has been pointed out several times over the past few days, precisely to prevent such an attack," said Fries.

Turkish inflation rate holds near 61 percent

Turkey is suffering the worst bout of inflation of President Recep Tayyip Erdogan's two-decade rule. The official annual inflation rate...
  • The rate inched down to 61.36 percent in October from 61.53 percent in September, the TUIK state statistics agency said
  • Central bank chief Hafize Gaye Erkan said Thursday that the rate will likely peak between 70 and 75 percent next May

Palestinian journalist killed in Gaza bombing: network

"Our colleague Mohammed Abu Hatab fell as a martyr along with members of his family in an Israeli bombardment against...
  • Since Israel began bombarding the Gaza Strip, hundreds of Palestinian journalists have had to flee south from Gaza City
  • The Palestinian journalists' union says that 27 of its members have been killed in the territory since October 7

Apple sales lose ground

The tech giant said it made a profit of $23 billion.
  • The tech giant said it made a profit of $23 billion on revenue of $89.5 billion, which was down slightly from the same period last year
  • Apple chief executive Tim Cook said iPhone sales set a new record for its September quarter while money taken in from services hit an all-time high

Hizbollah chief to break silence on Israel-Hamas war

The border tensions have revived memories of Hizbollah's devastating 2006 war with Israel that killed more than 1,200 people in...
  • After Hamas militants launched an unprecedented October 7 attack on Israel from the Gaza Strip, Lebanon's southern border has seen escalating tit-for-tat exchanges
  • The cross-border attacks heated up Thursday, as Israel responded with a "broad assault" after Hizbollah attacked 19 Israeli positions simultaneously, according to the group

Firing by Israeli troops kill two shepherds in Lebanon

Beirut, Lebanon - Lebanon's army on Thursday retrieved the bodies of two shepherds killed by Israeli fire, official media said, raising...
  • The two shepherds, aged 20 and 22, had been reported missing on Wednesday as they herded their flock through Wazzani, their home village near the border.
  • "They were found dead after the (Israeli) occupation forces opened fire in their direction," Lebanese state media reported.

Iraq event on ‘regional stability’ adjourned over Gaza war

Baghdad, Iraq - An international summit in Baghdad on "regional stability" planned for late November has been postponed due to the...
  • The event "is postponed until further notice due to the regional events" in the Middle East, said Farhad Alaaldin, an Iraqi official.
  • Alaaldin noted "in particular what is happening in Palestine", referring to war that erupted after the October 7 attacks by Hamas members.

Tunisia’s parliament debates bill criminalizing normalcy with Israel

Tunis, Tunisia - Tunisia's parliament on Thursday began debating a bill that would criminalize any normalization of ties with Israel as...
  • The draft bill defines "normalization" as "recognition of the Zionist entity or the establishment of direct or indirect ties"
  • The legislation was drawn up and approved in late October by a group of lawmakers who back President Kais Saied

UN identifies 158 firms linked to Israeli settlements

While several companies including Alstom and Opodo had been removed from the non-exhaustive database, major firms such as Airbnb, Booking.com,...

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First responders in Gaza say running out of supplies

Gaza City, Palestinian Territories - First responders in Gaza said Thursday that their operations were at a near standstill, more...

Pakistan and India accuse each other of waves of drone attacks

India and Pakistan accused each other Thursday of carrying out waves of drone attacks, as deadly confrontations between the nuclear-armed...

Israel threatens to do to Iran what it has done to Hamas

Israel will do to Iran what it has done to Hamas in Gaza, Defence Minister Israel Katz warned Thursday, days...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Joseph Nye, influential political scientist, who coined ‘soft power,’ dies at 88

Washington, United States - Joseph Nye, a versatile and influential political scientist and US policymaker who coined the term "soft...
  • The neo-liberal thinker studied topics as varied as arms control and pan-Africanism but became best known for developing the term "soft power" in the late 1980s
  • As opposed to hard power, such as weapons and economic sanctions, soft power includes values and culture that can win over others

Pakistan warns will ‘avenge’ deaths from Indian strikes

India's army said it destroyed nine "terrorist camps" in Pakistan in the early hours of Wednesday, two weeks after New...
  • Pakistan military spokesman Ahmed Sharif Chaudhry said five Indian jets had been downed across the border
  • An Indian senior security source, who asked not to be named, said three of its fighter jets had crashed on home territory

OpenAI offers to help countries build AI system

OpenAI on Wednesday announced an initiative to help countries build their own artificial intelligence (AI) infrastructures, with the US government...
  • The OpenAI for Countries initiative was launched under the auspices of a Stargate drive announced by US President Donald Trump
  • OpenAI, in "coordination" with the US government, will help countries build datacenters and provide customized versions of its ChatGPT AI